SRK 6.06% 3.5¢ strike resources limited

Ann: Peru Iron Ore Update and Hedging Position, page-25

  1. 26,843 Posts.
    lightbulb Created with Sketch. 1309
    Opp knocks for a big reversal here imo



    MC around $35 mill

    LEL (lithium owned 50% by SRK)
    LEL is up 20% today


    at current SP , IO is worth $20 mill

    Next year , they are on track to make around $15 -20 mill from IO business
    Correct me if any of this is wrong


    $5 m cash

    Monty f-----g Zoomer !!!!!!!!!!!!!!!!!!!!!!

    gap 14.5c magnet
 
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